1. I am not so sure a company monopolised 90% of the largest healthcare market will be valued just at 20x.
2. Today’s revenue is a floor price and they grow every year with the volume, which also means hospitals grow, their revenue grows too. The amount will not just be 10x of todays revenue.
3. There are plenty of other segments of markets they are not exploring and testing with.
PME Price at posting:
$279.08 Sentiment: Buy Disclosure: Held
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